Spectrum Asset Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 29, 2024), Spectrum Asset Management, Inc. reported 3 stock positions worth $52.0 million. Its top holding was Invesco Preferred ETF (PGX) at 80.4% of the portfolio, followed by iShares Preferred & Income S (PFF, 16.3%) and Invesco Variable Rate Prefer (VRP, 3.3%). Compared with Q4 2023, it added to 1 and reduced 2. The biggest buy was iShares Preferred & Income S (PFF, shares +18%) and the biggest sale Invesco Variable Rate Prefer (VRP, shares −80%).